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Stockholders' Equity
 6 Months Ended
Jun. 30, 2020
Stockholders' Equity Note [Abstract]  
Stockholders' Equity STOCKHOLDERS’ EQUITY
Cash dividends paid during the six months ended June 30, 2020 and 2019 were $59.2 million and $116.6 million, respectively. We made a dividend payment of $0.13 per share in April 2020, which fulfills our annual dividend under our revised dividend policy announced on April 21, 2020.

As an English public limited company, we are required under U.K. law to have available “distributable reserves” to conduct share repurchases or pay dividends to shareholders. Distributable reserves are a statutory requirement and are not linked to a GAAP reported amount (e.g., retained earnings). The declaration and payment of dividends require the authorization of our Board of Directors, provided that such dividends on issued share capital may be paid only out of our “distributable reserves” in our statutory balance sheet. Therefore, we are not permitted to pay dividends out of share capital, which includes share premium. On November 27, 2019, we redeemed 50,000 redeemable shares of £1 each and cancelled one deferred ordinary share of £1 in the capital of the Company.
In April 2017, the Board of Directors authorized the repurchase of $500.0 million in ordinary shares under our share repurchase program. We implemented our share repurchase plan in September 2017. The Board of Directors authorized an extension of this program, adding $300.0 million in December 2018 for a total of $800.0 million in ordinary shares. There were no ordinary shares repurchased during the six months ended June 30, 2020 under our authorized share repurchase program. The $500.0 million part of the program was completed on December 20, 2018. We intend to cancel repurchased shares and not hold them in treasury. Canceled treasury shares are accounted for using the constructive retirement method.
Accumulated other comprehensive income (loss) consisted of the following:
(In millions)Foreign Currency
Translation		HedgingDefined Pension 
and Other
Post-Retirement
Benefits		Accumulated Other
Comprehensive 
Loss attributable to
TechnipFMC plc		Accumulated Other
Comprehensive 
Loss attributable
to non-controlling interest
December 31, 2019$(1,230.1) $(5.8) $(171.6) $(1,407.5) $(4.7) 
Other comprehensive income (loss) before reclassifications, net of tax(196.3) (52.9) 2.2  (247.0) (7.9) 
Reclassification adjustment for net losses included in net income (loss), net of tax—  3.8  4.9  8.7  —  
Other comprehensive income (loss), net of tax(196.3) (49.1) 7.1  (238.3) (7.9) 
June 30, 2020$(1,426.4) $(54.9) $(164.5) $(1,645.8) $(12.6) 
Reclassifications out of accumulated other comprehensive income (loss) consisted of the following:
Three Months EndedSix Months Ended
June 30,June 30,
(In millions)2020201920202019
Details about Accumulated Other Comprehensive Income (loss) ComponentsAmount Reclassified out of Accumulated Other
Comprehensive Loss		Affected Line Item in the Condensed Consolidated Statements of Income
Gains (losses) on hedging instruments
Foreign exchange contracts$(11.3) $(13.2) $(22.4) $(12.5) Revenue
10.2  2.3  20.0  4.9  Cost of sales
(0.4) —  (0.4) 0.1  Selling, general and administrative expense
(2.2) 1.0  (1.2) (1.4) Other income (expense), net
(3.7) (9.9) (4.0) (8.9) Loss before income taxes
—  (3.2) (0.2) (2.5) Provision for income taxes (Note 19)
$(3.7) $(6.7) $(3.8) $(6.4) Net loss
Pension and other post-retirement benefits
Amortization of prior service credit (cost)(0.2) (1.5) (0.5) (1.9) (a)
Amortization of net actuarial loss(3.1) —  (5.9) —  (a)
(3.3) (1.5) (6.4) (1.9) Loss before income taxes
(0.9) (0.4) (1.5) (0.5) Provision for income taxes (Note 19)
$(2.4) $(1.1) $(4.9) $(1.4) Net loss
(a)These accumulated other comprehensive income components are included in the computation of net periodic pension cost
.